CARDNET MERCHANT SERVICES LIMITED
Company number 00735844 · Monitor this company
Executive summary
Cardnet Merchant Services Limited operates as the merchant acquiring arm of Lloyds Banking Group through a long-standing joint venture with Fiserv, giving it a structurally privileged position in UK payment processing through captive distribution to Lloyds' extensive merchant banking base. While the entity benefits from institutional credibility, regulatory-grade governance, and access to global-scale technology infrastructure, its competitive agility is inherently constrained by its joint venture structure and dependency on the parent bank's market share in an increasingly competitive landscape where fintech acquirers are eroding incumbent pricing power. The company's significance lies not in its standalone financial metrics—typical of a group-financed subsidiary with nominal capital—but in its role as a critical enabler of Lloyds' broader commercial banking proposition.
Overview
- Company type
- Private Limited Company
- Incorporated
- 1962-09-19
- Registered office
- 25 Gresham Street, London, EC2V 7HN
- Postcode
- EC2V 7HN
- Capital
- 2,601 GBP
- Accounts category
- Full
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-02-13
- Next due by
- 2027-02-27
Nature of business (SIC)
- 82990 Other business support service activities not elsewhere classified
Officers 6 current · 49 resigned
Group structure
Controlled by LLOYDS BANK PLC — since 2016-04-06
Controlled by LLOYDS BANKING GROUP PLC — since 2016-04-06
From persons-with-significant-control filings on the public register.
Public contracts won 1
£500,000 total awarded value where published.
Contains public sector information licensed under the Open Government Licence v3.0 (Contracts Finder).
Modern slavery statement
Registered a modern slavery statement for 2021 (period to 2020-12-31) as part of the LLOYDS BANKING GROUP PLC group statement.
Read the statement summary on the government modern slavery statement registry. Contains public sector information licensed under the Open Government Licence v3.0.
Data protection registration
Registered with the ICO as a data protection fee payer — ZA463476 (Tier 3), registered since 2018.
Information Commissioner's Office register of fee payers, licensed under the Open Government Licence.
Previous company names
| Name | Date changed |
|---|---|
| LLOYDS FUNDSFLOW LIMITED | 1997-10-30 |
| E.R.C.SHIPMENTS LIMITED | 1983-11-07 |
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 71 LOMBARD STREET, LONDON EC3P 3BS | 2003-04-03 |
Among its peers
Among the oldest 25%
of 8,717 similar companies in EC, trading since 1962